Solstice
2024 Revenue
$10.3M
Funding
$8.6M
YOY
77.5%
Team
55
Founded
2016
How Solstice CEO Steph Speirs grew to $10.3M revenue with a 55 person team in 2024.
Solstice provides turnkey customer solutions for shared solar.
Last updated
Solstice Revenue
In 2024, Solstice's revenue reached $10.3M. The company previously reported $10.3M in 2024. Since its launch in 2016, Solstice has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Solstice Hit $10.3m revenue in October 2024 | |
| 2024 | Solstice Hit $10.3m revenue in October 2024 | |
| 2023 | Solstice Hit $5.8m revenue in December 2023 | |
| 2021 | Solstice Hit $3.3m revenue in January 2021 | |
| 2016 | Launched with $0 revenue |
Solstice Valuation, Funding Rounds
Solstice has not publicly disclosed its valuation. The company has raised $8.6M in total funding to date.
Solstice has raised $8.6M in total funding across 6 rounds, with its most recent round in 2021.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2021 | Funding round | $3.1M | - | - | |
| 2021 | Funding round | $3.1M | - | - | |
| 2020 | Funding round | $230K | - | - | |
| 2020 | Funding round | $230K | - | - | |
| 2020 | Funding round | $967.5K | - | - | |
| 2020 | Funding round | $967.5K | - | - |
Founder / CEO
Steph Speirs
Steph is a social entrepreneur and community builder with operational experience in the U.S., Middle East, and South Asia. She was selected as an Echoing Green Climate Fellow, a Global Good Fund Fellow, a Grist 50 Fixer, a Kia Revisionary, and an Acumen Global Fellow, all of which recognize emerging leaders in social enterprise. She previously led sales and marketing innovation initiatives at d.light India, a solar products company powering areas without reliable electricity; spearheaded Acumen's renewable energy sector investment strategy in Pakistan; developed Middle East policy as the youngest Director at the White House National Security Council; and managed field operations in seven states for the first Obama presidential campaign. She holds a B.A. from Yale, a Master in Public Affairs (MPA) with distinction from Princeton, and an MBA from MIT, where she earned a certificate in Entrepreneurship and Innovation. At MIT, she received the Paul and Daily Soros Fellowship, Legatum Fellowship, Public Service Fellowship, and Dean's Fellowship.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Solstice yet.
Solstice Employees & Team Size
Solstice employs approximately 55 people as of 2026, down from 61 in 2023.
| Year | Milestone |
|---|---|
| 2024 | Reached 55 employees (December 2024) |
| 2024 | Reached 61 employees (October 2024) |
| 2023 | Reached 61 employees (December 2023) |
| 2022 | Reached 56 employees (December 2022) |
| 2021 | Reached 42 employees (December 2021) |
| 2021 | Reached 37 employees (January 2021) |
Frequently Asked Questions about Solstice
What is Solstice's revenue?
Solstice generates $10.3M in revenue.
Who founded Solstice?
Solstice was founded by Steph Speirs.
Who is the CEO of Solstice?
The CEO of Solstice is Steph Speirs.
How much funding does Solstice have?
Solstice raised $8.6M.
How many employees does Solstice have?
Solstice has 55 employees.
Where is Solstice headquarters?
Solstice is headquartered in Cambridge, Massachusetts, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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